CORPORATE GOVERNANCE
IAG is committed to attaining the highest level of corporate governance to ensure the future sustainability of the organisation and long-term value for its shareholders. To achieve this, the Group promotes a culture that rewards transparency, integrity, meritocracy, teamwork and social responsibility.
The Group has a corporate governance structure and risk management framework designed to provide a sustainable balance between its core business (to pay claims, understand and price risk, manage costs and reduce risk) and its responsibility to provide fair and stable returns to shareholders.
Among the key corporate governance policies and principles followed by the Group are:
- IAG Constitution [228KB PDF]
- IAG Board Charter [62KB PDF]
- Nomination, Remuneration & Sustainability Charter [60KB PDF]
- Audit Committee Charter [45.2KB PDF]
- Risk Management & Compliance Committee Charter [76KB PDF]
Insurance Australia Group also has detailed policies and codes of behaviour relating to ethics, conduct, shareholders, risk management, and community and environment. Further details about IAG's approach to Corporate Governance can be found in the links to the left and in the 2007 Annual Report.
